Sally Saver invested $5000 into a fixed APR savings account 7 years ago. Today the account has a balance of $6274. Given that his account offered quarterly compounding of interest, the APR on this account is? (Note: Please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.) The APR on this account is:

3 of 30 Sally Saver invested $5000 into a fixed APR savings account 7 years ago. Today the account has a balance of $6274. Given that his account offered quarterly compounding of interest, the APR on this account is? (Note: Please retain at least 4 decimal places in your calculations and at least 2 decimal places in the final answer.) The APR on this account is % Unsure